Q&A Corner: 2021 Real Estate in a Digital Age Report October 1, 2021 By: Matt Christopherson As technology evolves, so do the ways in which we use it. Whether it makes our lives easier, improves our productivity, or opens new opportunities and communication, technology has become a staple in our daily lives, and it is no […]
NAR NEWS RELEASE: Pending Home Sales Recover 8.1% in August
Key Highlights Contract signings rose 8% in August from July after two consecutive monthly declines. Contract signings rose in all regions from the month before, led by the Midwest and South. Contract signings were 8.3% lower than this time last year. WASHINGTON (September 29, 2021) – Pending home sales rebounded in August, recording significant gains […]
Home Sales Drop in August, But Prices Keep Rising
Key Highlights (National Data) Existing-home sales dropped 2% on a seasonally adjusted annual rate from July to August. The inventory of unsold homes decreased 1.5% to 1.29 million from July to August – equivalent to 2.6 months of the monthly sales pace. The median existing-home sales price rose at a year-over-year pace of 14.9%. WASHINGTON […]
Opportunities for Buyers in Cities
Reports that forecast the death of cities were a bit premature. A lot of the things that make city living great — a short commute, the nightlife, the restaurants, the live entertainment — have been shut down. But, as Zillow Economist Jeff Tucker notes, “it won’t be shut down forever.” “As employers bring employees back […]